TerraCycle Adds NLR to Grow Regulated Waste Services

Acquisition expands universal waste recycling capacity in the Northeast

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TerraCycle Commercial is expanding its regulated and universal waste business through the acquisition of NLR Inc., a Connecticut-based recycler focused on lamps, electronics, batteries, ballasts, and mercury-containing devices.

The move adds another regional operator to TerraCycle’s commercial waste division, which already includes Air Cycle Corporation, Complete Recycling Solutions, and North Coast Services. For commercial customers, the acquisition points to a wider service model built around regulated materials, compliance support, and hard-to-recycle waste streams.

NLR brings an established presence in New England, with regional pickup services and national mail-back options through NLR Returns. The company also operates Connecticut’s only DEEP-approved lamp recycling facility, giving TerraCycle added processing and collection capacity in the Northeast.

The deal supports TerraCycle’s continued shift beyond consumer-facing recycling programs and into more compliance-led commercial recycling services. Businesses dealing with universal waste often need more than collection. They also need documentation, proper handling, reliable logistics, and clear regulatory processes. NLR’s operations add to that infrastructure.

Commercial Customers Gain Broader Recycling and Compliance Options

NLR customers are expected to continue working with their existing service contacts, while gaining access to TerraCycle’s wider commercial recycling portfolio. That includes Zero Waste Box and bulk recycling programs for materials that fall outside traditional regulated waste categories.

TerraCycle customers will also gain access to NLR’s experience in universal waste handling and commercial service logistics. The acquisition is intended to strengthen options for companies managing lamps, batteries, electronics, lighting ballasts, mercury devices, cathode ray tubes, and other materials that require specialized processing.

The transaction also expands TerraCycle’s access to electronics recycling operations through Complete Recycling Solutions in Fall River, Massachusetts, and North Coast Services in Concord, New Hampshire. These sites support the processing of regulated materials under applicable requirements, including R2-certified electronics recycling services.

NLR’s East Windsor team will remain in place. Co-founder Robert E. Robert will continue managing the division, while co-founder Ray Graczyk is retiring after three decades in the sector. Graczyk also served as chairman of the Association of Lighting and Mercury Recyclers.

The acquisition was largely funded through proceeds from TerraCycle’s recently completed Regulation CF offering. The company is also pursuing a Regulation A investment offering, which it has linked to further growth in its commercial recycling operations.

For the regulated waste market, the deal reflects a practical shift. Businesses want fewer vendor gaps, clearer compliance pathways, and access to recycling options that can handle both regulated and hard-to-recycle materials. TerraCycle’s next test will be integration: keeping NLR’s regional service strengths intact while connecting customers to a broader commercial recycling network.

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